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OPEC development fund raises $1 billion with first ever bond

By Marc Jones LONDON (Reuters) – The OPEC Fund for International Development, a development institution established by the Organization of the Petroleum Exporting Countries’ member governments nearly 50 years ago, has raised $1 billion by selling its first ever bond. With the money earmarked for food security, healthcare, infrastructure, education, employment and renewable energy projects, …

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Over 50 injured in Peru as protests cause ‘nationwide chaos’

LIMA (Reuters) -Dozens of Peruvians were injured after tensions flared again on Friday night as police clashed with protesters in anti-government demonstrations that are spreading across the country. In the capital Lima, police officers used tear gas to repel demonstrators throwing glass bottles and stones, as fires burned in the streets, local TV footage showed. …

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Musk to jury: Just because I tweet something, doesn’t mean people believe it

By Jody Godoy SAN FRANCISCO (Reuters) -Elon Musk, Tesla Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private. Musk’s testimony began with questions about his …

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U.S. judge grants preliminary approval to Juul consumer settlement

(Reuters) -Juul Labs Inc on Friday secured preliminary court approval of a $255 million settlement resolving claims by consumers that it deceptively marketed e-cigarettes, as the company seeks to resolve thousands of lawsuits. U.S. District Judge William Orrick in San Francisco said the proposed class action settlement resolving claims by consumers who said they overpaid …

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Thousands march on Peru’s capital as unrest spreads, building set ablaze

By Marco Aquino LIMA (Reuters) -Thousands of protesters in Peru, many from the country’s heavily indigenous south, descended on Lima, the capital, on Thursday, angered by a mounting death toll since unrest erupted last month and calling for sweeping change. Police estimated the march at around 3,500 people, but others speculated it attracted more than …

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